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Search Results 0 to 11 of about 12 (some duplicates have been removed)
weekend. it beat all three lord of the rings movies opening night. peter jackson's smash hit also marked the biggest november opening ever. that is the latest from fox business. ♪ lori: fading a little bit here. the dow is up 63 points. my next guest says do not sweat the cliff. it will be gradual and we may avoid it altogether. joining me now is scott with the tick by tick market reaction. john boehner now willing to raise the threshold, increase taxes for those making a million dollars a year. are we any closer to any kind of resolution here? >> i think there is a lot of things going on in the background that we will not here for a while, if we ever hear them. i do not think you will get out of the fiscal cliff situation without raising taxes. there are a lot of people that would argue $250,000 in income is not wealthy, at least in some parts of the country. i think of john boehner wanting, he is willing to raise taxes. i think taxes will be raised on a narrow spot of people. in my opinion, we have a spending problem. we do not really have a tax problem. lou mentioned in your last se
.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that transactions would not be blocked or rejected by the united states. lou: brewer however also defended the decision to not prosecute the bank, he said. if authorities pressed charges hsbc would almost certainly have lost its banks license here in this country which would have cost thousands of jobs, joining us now to assess this, and more, former prosecutor alease wheel, and artie idala . is -- where is the outrage that lenny brewer, already -- certainly implicated in the "fast and furious" scandal is standing there, as spokesman u.s. justice department saying they are not going to prosecute. >> you set it up not fair, you did not say, deferred prosecution. lou: i'm sorry who is going to jail. i want to get this right. >> not yet, but if they don't pay the money, if they don't -- they have 5 years of probat
their credo. the 10 commandments, the golden rule, delivering pleasing things to the lord. they say that we don't want to be forced to purchase pills that will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obamacare.ou now come the circuit court is saying nothing can happen until the appeal is theard. lou: as you say, well, -- it iss a short odds proposition to have got the injunction. how long are the odds to move to the supreme court? >> i think the odds are not good. o end, they are ensuring that the catholic organizationsc orga maintain their religious liberty. and that they are not forced to violate the religious preceptsyp in providing these types of pills. these types of procedures. lou: we have a number of pr lawsuits still pending. where we stand with obamacare? it seems as though the effort ti repeal it through the c
, my lord. paul mccartney can sing anything. >> no, no, he cannot. >> he was respectful. he didn't sing any of the old nirvana songs. just this one. sandra: may be the nirvana lovers can have a little bit of a problem with this guy. that's been great, guys. that is all the money we have for you tonight. "the willis report" is next. gerri: tracy: hello, i am tracy byrnes for a president obama is meeting at the white house right now. a meeting called by the white house. a little bit strange since earlier today. speaker boehner left the capital and the white house said the ball was in speaker boehner square. rich edson is on the white house with the latest. were they talking about? this on a day when president obama said i have cut $1 trillion already in spending. that was part of last summer's budget deal. but he says that i am willing to do a lot more cuts in spending. you have a willingness to do spending cuts, a willingness from john boehner to raise revenues. however, we have been stuck on the details of this thing for the past two weeks here. the past three weeks or longer. the white
have resolved something today. lord knows. two hedge fund cashes. a lot of hedge fund cash on the sidelines. once the fiscal cliff subside that money will come into the stock market. three, that will lead the fed to be less money printing than they have been. so they will pull back. four, china and india will unload a lot of their gold because they're going to want to have the cash to build their infrastructure. and finally president obama will realize the tax bonanza from shell oil and shell gas and therefore lift off the regs of those two things to the point where we have a lot more oil and gas coming. all those things bring us down to gold at 1200. how do you react? >> wow, that is really incredible run-down. there ii one interesting thing i think will knock a hole in the whole theory that the fed has tied interest rate policy to the amount of unemployment that we have. it has to be at 6.5%. and what that means is, that you're boeing to get low interest rates that are very bullish for gold and will lead to inflation coming down the road, endless money printing. doesn't h
: thank you. connell: nobody loves gold like mark folmer. he is coming up next. dagen: oh, lord. a toilet? if you forget to flush, there is an app for that. ♪ connell: more breaking news out of washington on this fiscal cliff situation. the white house's position defies common sense after spending months we must ask more from the dinners and billionaires. how can they reject a plan by doing exactly that. the president threatening every american family with higher taxes. the spokesman for speaker boehner, thank you to him. rich edson will do some more reporting on it later. dagen: we always look for rays of sunshine wherever we go. we need some doom and gloom every now and then. we go to mark faber now. he is joining us on the phone. mr. faber, great to talk to you this morning. look at washington. what do you see? are you optimistic? >> well, basically, i think that the global economy is slowing down considerably. we have possibly one or 2% growth. maybe no growth. we have a slowdown in asia. particularly, in china. there are some positive spots in the world. i was recently traveling in
going over the cliff has been priced in. joining us milton ms. rought at this, lord abbett chief market strategist. thanks for joining us. if it is priced in why are we seeing these gyrations with every statement coming out of washington? >> it is not entirely priced into the market. the market obviously would like to hear good news. it wants to hear some kind of a comprise. when it gets that it moves up and when it doesn't it disappoints and moves down. the market looks very cheap. it is effectively discounting some pretty ugly news. that puts it in the position to be pleasantly surprised even with mediocrity. tracy: talk to you about where we should be buying but you agree we'll go into recession if we go over the cliff. what if we get a deal that is really crappy deal, will we still go into recession? >> if we get a crappy deal, where we are is back to where we were. we avoid spending cuts. we avoid the bulk of the tax increases and the economy creeps along. that is hardly good. crappy is a good way to describe it but doesn't mean that we get the worst. ashley: well, putting that tec
specialist tdd#: 1-800-345-2550 will help you get started today. >> at 21 minutes past the hour, i am lord green with gearbox used minute. the colorado resident was abducted by the taliban and while conducting a humanitarian mission. president obama released a statement praising them. jenny rivera that this morning after a private plane she was traveling on crashed in mexico. she has been nominated for three latin grammys. the radio news website says it has been hit especially hard due to un sanctions. dagen: more on those sanctions against iran. iran is in a recession because nations are not buying oil from the country. connell: expected to shrink 3.5% this year. that is what is going on over there. let's bring in colonel oliver north in. is this all good news or surely >> i want to give it as a cautionary tale. what those in our administration think that economic sanctions alone, which, no doubt have caused this recession. exhibit number one, north korea. grass is the vegetable. the economy of north korea -- connell: there is still an issue. >> they have not stopped from building nuclear
it into their margins to alternately that is whether lord their price target. mcdonald's, same-store sales moved higher and beat the analyst expectations of 2.4%, that obviously outpaced october which is a losing month, first losing month in nine years for mcdonald's, but they're doing well for breakfast and in europe. lori: thank you as always. melissa: president obama had to try to seeking more support for the fiscal cliff plan. peter barnes is here with the latest. >> just over an hour they will speak at a diesel engine plant persoextending tax cuts for fedl tax workers. keeping up the pressure on republicans to cave on taxes after the president and speaker john boehner met at the white house yesterday in a spokesperson said discussions with the white house are taking place, but we have no details to share about the substance of those conversations. they say perhaps the best strategy for them is to accept some higher tax rate the president is demanding, get that off the table and combat entitlement reform early next year the president can work for increasing the debt ceiling. republicans will have a
's keep going. dagen: really? we have to move on. oh, lord, have mercy on my soul. the world will have no choice, but to deal with this looming nuclear threat in 2013. connell: the story of the year. surrounded by rumors, murder and drugs. the computer wizard, john mcafee, he avoids deportation from one of mullah by popping up in miami. it is just beyond. but first, all market now, some winners today on the s&p 500. ♪ connell: we are back on market now. let's bring nicole petallides back. nicole: we will bring you right over to the post. it is down about 12%. the fourth-quarter profit 86%. not good news. a downbeat first quarter. missed revenue guidance in the latest quarter. when you think of verifone, one of their main objectives that they make credit card readers. these are some of the jobs that are under their umbrella. not a good quarter, not a good outlook. the nasdaq composite down about .5%. the dow also to the downside. back to you. dagen: he must be making his daddy proud. not only getting the countries first long-range rocket up in the air, without disaster, he has now 1%
Search Results 0 to 11 of about 12 (some duplicates have been removed)